Performa is an independent, employee-owned investment management firm, founded in 1992. We combine over 20 years of experience in the captive industry with the institutional expertise of our investment team to provide our clients with tailored investment solutions.

We pride ourselves on collaborating with our captive clients to fully understand their specific business, industry, regulatory, and reporting requirements. Captives are not the same as traditional insurance companies. Capital preservation and building surplus is the most important defense to maintaining a healthy captive.

Performa market updates are designed to be easily accessible and provide our readers with insight into what senior members of our investment team are seeing on a day-to-day basis. Monthly, we offer our perspective on various sectors of the market, as well as key developments or emerging story lines that we feel are important to our clients.

Market Perspective

April 2018

Reality Bites – “Snap back to reality, oh there goes gravity” *

We think the above hip-hop lyric succinctly sums up the first quarter of 2018. The market’s ode to the genre is timely as Kendrick Lamar just wrapped up the first Pulitzer Prize in music ever won by a hip-hop artist. The first quarter of 2018 was a battle. With the hype of tax cuts, stashed offshore dollars coming home and all other things Trumpian, equity market participants chose their sides, suited up, and entered the ring.